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AUD/USD Bullish By 4% In The Last 21 Sessions

ViaNews Editorial Team

August 26, 2024

AUD/USD Bullish By 4% In The Last 21 Sessions

(VIANEWS) - AUD/USD (AUDUSD) has been up by 4.33% for the last 21 sessions. At 17:09 EST on Monday, 26 August, AUD/USD (AUDUSD) is $0.68.

AUD/USD's yearly highs and lows, it's 8.02% up from its 52-week low and 4.47% down from its 52-week high.

Volatility

AUD/USD's last week, last month's, and last quarter's current intraday variation average was 0.50%, 0.24%, and 0.41%, respectively.

AUD/USD's highest amplitude of average volatility was 0.72% (last week), 0.45% (last month), and 0.41% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AUD/USD's Forex is considered to be oversold (<=20).

News about

  • Eur/usd rises to near 1.1200 due to dovish fed’s powell. According to FXStreet on Monday, 26 August, "This upside of the EUR/USD pair is attributed to the lower US Dollar (USD) following the dovish speech from the US Federal Reserve (Fed) Chairman Jerome Powell at the Jackson Hole Symposium on Friday.", "Additionally, Rabobank's Senior FX Strategist, Jane Foley, remarked on Friday that the EUR/USD pair is expected to trade at 1.1200 on a three-month horizon. "
  • Eur/usd price forecast: the first upside barrier emerges above 1.1200, eyes on the overbought condition. According to FXStreet on Monday, 26 August, "This suggests that further consolidation cannotbe ruled outbefore positioning for any near-term EUR/USD appreciation. ", "The EUR/USD pair weakens near 1.1185 during the early European session on Monday. "

More news about AUD/USD (AUDUSD).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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